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India Power to Acquire Assets to Expand it's Portfolio: A Ray of Hope For Stressed Power Plants

News

India Power Corp is in advanced talks to acquire three stressed power plants with a combined capacity of about 1,000 MW.

Source:- ET

SNP Insight

India Power is all set to expand it's portfolio by acquiring these stressed power plants. This acquisition will help the stakeholders of the stressed assets to repay their debts, further it will help India Power to cater to the power demand of the consumers covered under it's distribution franchise. 

Source:- SNP Infra Research